The overall retail businesses across India witnessed a growth of 24 per cent in May this year against the pre-pandemic level of the same month in 2019.
As per the latest retail business survey by the Retailers Association of India (RAI), an industry body, apparel and clothing also witnessed a growth of 24 per cent in May 2022 compared to May 2019.
The survey also says that overall sales in western India grew by 30 per cent, while eastern India showed a growth of 29 per cent compared to the pre-pandemic sales level in May 2019.
Similarly, southern India posted a rise of 22 per cent, while northern India grew by 16 per cent.
“It is encouraging to see a steady improvement in sales with 23 per cent growth in April and 24 per cent in May as compared to the pre-pandemic levels. Categories, such as garments and footwear, have begun to do well on account of the ongoing wedding season and resumption of work from office,” says Kumar Rajagopalan, CEO, RAI.
He further added that the worry around inflation continues to exist; however, as of now, customers are willing to come out and shop as socialising is now picking up pace.
